越秀资本公告，预计2025年前三季度净利润为29.22亿元到30.94亿元，同比增长70%-80%。预计第三季 度净利润为13.64亿元到15.36亿元，同比增长94%-118%。前三季度扣除非经常性损益后的净利润预计为 14.06亿元到15.78亿元，同比增长18%-32%。 ...

[Guangzhou Yuexiu Capital Holdings Group Co., Ltd. Q1-Q3 2025 Performance Forecast](index=1&type=section&id=%E5%B9%BF%E5%B7%9E%E8%B6%8A%E7%A7%80%E8%B5%84%E6%9C%AC%E6%8E%A7%E8%82%A1%E9%9B%86%E5%9B%A2%E8%82%A1%E4%BB%BD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8%202025%20%E5%B9%B4%E5%89%8D%E4%B8%89%E5%AD%A3%E5%BA%A6%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A) Guangzhou Yuexiu Capital Holdings Group Co., Ltd. forecasts significant profit growth for Q1-Q3 2025, with net profit attributable to shareholders expected to increase by 70%-80% [I. Current Period Performance Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E8%AE%A1%E6%83%85%E5%86%B5) Yuexiu Capital expects year-on-year net profit growth for both Q1-Q3 and Q3 2025, with Q1-Q3 net profit attributable to shareholders projected to increase by 70%-80% and Q3 by 94%-118% [Performance Forecast Period](index=1&type=section&id=%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%9C%9F%E9%97%B4) This section specifies the duration covered by the performance forecast, from January 1 to September 30, 2025 - The performance forecast period is from January 1, 2025, to September 30, 2025[3](index=3&type=chunk) [Q1-Q3 Performance Overview](index=1&type=section&id=%E5%89%8D%E4%B8%89%E5%AD%A3%E5%BA%A6%E4%B8%9A%E7%BB%A9%E6%A6%82%E8%A7%88) This section provides a summary of the company's expected financial performance for the first three quarters of 2025, highlighting key profit metrics and year-on-year changes Q1-Q3 2025 Performance Forecast | Item | Q1-Q3 2025 (Estimated) | Prior Period (Jan-Sep 2024) | Year-on-Year Growth | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company (million yuan) | Profit: **2,922.10 ~ 3,093.98** | Profit: **1,718.88** | **70%~80%** | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses (million yuan) | Profit: **1,406.16 ~ 1,578.05** | Profit: **1,193.08** | **18%~32%** | | Basic Earnings Per Share (yuan/share) | Profit: **0.5808 ~ 0.6152** | Profit: **0.3431** | - | [Q3 Performance Overview](index=1&type=section&id=%E7%AC%AC%E4%B8%89%E5%AD%A3%E5%BA%A6%E4%B8%9A%E7%BB%A9%E6%A6%82%E8%A7%88) This section presents the company's expected financial performance for the third quarter of 2025, detailing profit figures and year-on-year changes Q3 2025 Performance Forecast | Item | Q3 2025 (Estimated) | Prior Period (Jul-Sep 2024) | Year-on-Year Growth | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company (million yuan) | Profit: **1,363.65 ~ 1,535.54** | Profit: **702.97** | **94%~118%** | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses (million yuan) | Profit: **-143.81 ~ 28.08** | Profit: **326.42** | **Decrease 144%~91%** | | Basic Earnings Per Share (yuan/share) | Profit: **0.2715 ~ 0.3059** | Profit: **0.1403** | - | - The data is based on the company's consolidated financial statements, and basic earnings per share have accounted for the impact of repurchased treasury shares and perpetual bonds[5](index=5&type=chunk) [II. Communication with Accounting Firm](index=2&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8E%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E6%B2%9F%E9%80%9A%E6%83%85%E5%86%B5) This performance forecast has not been audited by a certified public accountant - This performance forecast has not been audited by a certified public accountant[6](index=6&type=chunk) [III. Explanation of Major Performance Changes](index=2&type=section&id=%E4%B8%89%E3%80%81%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8A%A8%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) Performance changes are primarily attributed to increased investment income, growth in new energy business, and one-time gains from changes in equity accounting methods, partially offset by asset impairment provisions [Growth in Investment and New Energy Businesses](index=2&type=section&id=%E6%8A%95%E8%B5%84%E4%B8%9A%E5%8A%A1%E4%B8%8E%E6%96%B0%E8%83%BD%E6%BA%90%E4%B8%9A%E5%8A%A1%E5%A2%9E%E9%95%BF) This section details the positive impact of increased investment income and the continuous growth of the new energy business on the company's performance - The company actively seized opportunities in the stable capital market, achieving a year-on-year increase in investment income[7](index=7&type=chunk) - New energy business power generation continuously grew with increasing installed capacity, leading to improved operating efficiency and significant achievements in the company's green transformation[7](index=7&type=chunk) [Changes in Accounting Methods and One-Time Gains](index=2&type=section&id=%E4%BC%9A%E8%AE%A1%E6%A0%B8%E7%AE%97%E6%96%B9%E6%B3%95%E5%8F%98%E6%9B%B4%E5%8F%8A%E4%B8%80%E6%AC%A1%E6%80%A7%E6%94%B6%E7%9B%8A) This section explains the one-time gains resulting from changes in accounting methods for certain equity investments, specifically for Beijing Holdings and Xintian Green Energy - Guangzhou Asset Management Co., Ltd., a controlled subsidiary, holds **4.14%** of Beijing Holdings Co., Ltd. shares and appointed a director on September 30, 2025, leading to a change in accounting method from financial assets held for trading to long-term equity investment[7](index=7&type=chunk)[8](index=8&type=chunk) - Guangzhou Yuexiu Industrial Investment Co., Ltd., a controlled subsidiary, holds **4.97%** of Xintian Green Energy Co., Ltd. shares and appointed a director on July 25, 2025, leading to a change in accounting method from financial assets held for trading to long-term equity investment[7](index=7&type=chunk)[8](index=8&type=chunk) Estimated Gains from Changes in Accounting Methods | Equity Asset | Estimated One-Time Gain (100 million yuan) | Estimated Increase in Q3 2025 Net Profit Attributable to Shareholders (100 million yuan) | | :--- | :--- | :--- | | Beijing Holdings Co., Ltd. Equity | **20.22** | **10.47** | | Xintian Green Energy Co., Ltd. Equity | **2.98** | **1.34** | - The related gains are non-recurring items, and asset valuation work is still in progress[8](index=8&type=chunk) [Provision for Asset Impairment](index=3&type=section&id=%E8%B5%84%E4%BA%A7%E5%87%8F%E5%80%BC%E5%87%86%E5%A4%87%E8%AE%A1%E6%8F%90) This section outlines the company's provisions for asset impairment across various asset categories, which are expected to reduce net profit - The company conducted a comprehensive inventory and impairment test for assets including debt investments, long-term receivables, accounts receivable, and others[8](index=8&type=chunk) Estimated Impact of Asset Impairment Provisions | Item | Estimated Amount (100 million yuan) | Estimated Decrease in Q1-Q3 2025 Net Profit Attributable to Shareholders (100 million yuan) | | :--- | :--- | :--- | | Various Asset Impairment Provisions and Credit Impairment Provisions | **14 ~ 16** | **7.20 ~ 8.20** | - The actual provision details and financial impact will be disclosed separately once finalized[8](index=8&type=chunk) [IV. Risk Warning](index=3&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The financial data in this announcement is preliminary and unaudited, potentially differing from the final periodic report, thus investors should be aware of investment risks - The main financial data contained in this announcement are preliminary calculations by the company's finance department and have not been audited by an accounting firm[9](index=9&type=chunk) - The aforementioned data may differ from the data disclosed in the company's Q3 2025 report, and investors are advised to pay attention to investment risks[9](index=9&type=chunk)

证券代码：000987 证券简称：越秀资本 公告编号：2025-057 一、以 11 票同意、0 票反对、0 票弃权，审议通过《关于 公司总经理定薪的议案》 因利益相关，董事吴勇高回避表决。 本议案已经公司董事会薪酬与考核委员会预审通过。 公司于 2025 年 8 月 11 日召开第十届董事会第二十五次会议， 审议通过《关于调整公司高级管理人员的议案》，同意聘请吴勇 高先生为公司总经理，任期自该次董事会决议通过之日起至第十 届董事会任期届满之日止。根据《广州越秀资本控股集团股份有 限公司高级管理人员薪酬和绩效管理制度》等规定，综合考虑岗 位职责等因素，董事会对吴勇高先生设定薪酬方案。 特此公告。 广州越秀资本控股集团股份有限公司 第十届董事会第二十八次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 广州越秀资本控股集团股份有限公司（以下简称"公司"）第 十届董事会第二十八次会议通知于 2025 年 9 月 15 日以电子邮件 方式发出，会议以通讯方式召开并于 2025 年 9 月 29 日完成通讯 表决，应出席董事 12 人，实际出席董事 12 ...

Core Viewpoint - Guangzhou Hengyun Enterprise Group Co., Ltd. has decided to sell up to 1% of its shares in Yuexiu Capital to optimize asset structure and improve liquidity [9][10]. Group 1: Board Meeting - The 10th meeting of the 10th Board of Directors was held on September 26, 2025, with all 10 directors participating [1][2]. - The board approved the proposal to sell part of the shares in Yuexiu Capital and authorized the management to execute the sale through centralized bidding [2][3]. Group 2: Share Sale Details - The company plans to sell no more than 1% of Yuexiu Capital's total shares, with the sale subject to market conditions and requiring approval from the state-owned enterprise [10][12]. - The company currently holds 586,457,241 shares in Yuexiu Capital, representing 11.69% of its total shares, making it the second-largest shareholder [12][14]. Group 3: Appointment of Securities Representative - The board appointed Ms. Chen Yunyi as the securities affairs representative, effective from the date of the board's approval until the end of the current board's term [20][21]. - Ms. Chen holds the necessary qualifications and experience for the role, having obtained the Board Secretary Qualification Certificate from the Shenzhen Stock Exchange [22].

Core Viewpoint - The company aims to enhance asset liquidity and optimize its asset structure by selling a portion of its shares in Yuexiu Capital, specifically up to 1% of the total share capital [1] Group 1 - The company held its 10th board meeting on September 26, 2025, to discuss the sale of shares [1] - The decision to sell shares is part of a strategy to better meet the operational development needs of the company [1] - The management is authorized to execute the sale through centralized bidding at an opportune time [1]

Core Viewpoint - The company plans to sell up to 1% of its total shareholding in Guangzhou Yuexiu Capital Holdings Group Co., Ltd. through centralized bidding to enhance asset liquidity and optimize its asset structure [1] Group 1: Transaction Details - The company currently holds 586 million shares of Yuexiu Capital, representing 11.69% of its total share capital, all of which are non-restricted circulating shares [1] - The sale of shares is subject to approval from state-owned enterprises and does not constitute a related party transaction or a major asset restructuring [1] - The number and price of the shares to be sold will be determined based on market conditions, and the specific impact on the company's profits cannot be accurately estimated at this time [1] Group 2: Post-Transaction Position - After the transaction, the company will still hold more than 5% of Yuexiu Capital's shares, allowing it to retain shareholder rights and account for investment income [1]

Group 1 - The diversified financial sector experienced an upward trend on September 26, with notable gains in several companies [1] - Yuexiu Capital saw an increase of over 6%, leading the gains in the sector [1] - Other companies that performed well include Zhongyou Capital, Cuiwei Co., Hongye Futures, and Jianyuan Trust, which also recorded significant increases [1]

Group 1 - The diversified financial sector experienced a rise, with notable increases in stock prices for several companies [1] - Yuexiu Capital saw an increase of over 8% in its stock price, leading the gains in the sector [1] - Other companies that performed well include China Oil Capital, Cuiwei Co., Hongye Futures, and Jianyuan Trust, which also showed significant price increases [1]

Core Viewpoint - Yuexiu Capital (000987) has confirmed that Moore Threads is one of the investment projects under its subsidiary, Yuexiu Industrial Fund Management, and this investment does not have a significant impact on the company's current operating performance [1] Group 1 - Yuexiu Capital's investment in Moore Threads is part of its strategic portfolio [1] - The investment is managed through Yuexiu Industrial Fund Management, indicating a structured approach to investment [1] - The current operating performance of Yuexiu Capital remains largely unaffected by this investment [1]

Core Viewpoint - Yuexiu Capital announced that Moore Threads is one of the investment projects under its subsidiary Yuexiu Industrial Fund Management, and this investment has no significant impact on the company's current operating performance [1] Group 1 - Yuexiu Capital's investment in Moore Threads is part of its strategic portfolio [1] - The investment is managed through the Yuexiu Industrial Fund Management subsidiary [1] - The current operating performance of Yuexiu Capital remains largely unaffected by this investment [1]